Genie Energy (GNE) Operating Expenses (2010 - 2026)
Genie Energy (GNE) recorded quarterly Operating Expenses of $27.9 million in Q1 2026, up 1.11% quarter-over-quarter from $27.6 million in Q4 2025, and up 17.01% on a YoY basis from $23.9 million in Q1 2025.
Genie Energy (GNE) Operating Expenses (2010 - 2026) Analysis & Trends
Genie Energy's Operating Expenses history runs 17 years deep, the most recent figure standing at $27.9 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 17.01% year-over-year to $27.9 million; the TTM figure through Mar 2026 stood at $99.4 million (up 5.3% YoY), while the FY2025 annual figure was $95.3 million, up 2.07% from the prior year.
- Operating Expenses was $27.9 million for Q1 2026 at Genie Energy, up from $27.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $27.9 million in Q1 2026 to a low of $17.2 million in Q4 2022.
- Historically, Operating Expenses has averaged $22.5 million across 5 years, with a median of $22.7 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 32.41% in 2023, then retreated 10.12% in 2025.
- A 5-year view of Operating Expenses shows it stood at $17.2 million in 2022, then surged by 32.41% to $22.7 million in 2023, then grew by 2.6% to $23.3 million in 2024, then grew by 18.53% to $27.6 million in 2025, then advanced by 1.11% to $27.9 million in 2026.
- The last three Operating Expenses figures came in at $27.9 million (Q1 2026), $27.6 million (Q4 2025), and $22.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 673.29 Bn | 673.03 Bn | 1.70 Bn | 616.18 Mn |
| 2 | Dominion Energy | 59.55 Bn | 63.75 Bn | 4.03 Bn | 3.63 Bn |
| 3 | Xcel Energy | 49.45 Bn | 47.55 Bn | 3.35 Bn | 3.27 Bn |
| 4 | Wec Energy | 36.90 Bn | 37.26 Bn | 2.83 Bn | 2.45 Bn |
| 5 | Ameren | 30.13 Bn | 30.24 Bn | 1.69 Bn | 1.64 Bn |
| 6 | Korea Electric Power | 28.22 Bn | 13.45 Bn | 11.57 Bn | -2.24 Bn |
| 7 | Edison International | 28.04 Bn | 27.88 Bn | 3.85 Bn | 2.46 Bn |
| 8 | Firstenergy | 27.16 Bn | 28.53 Bn | 2.74 Bn | 3.37 Bn |
| 9 | Cms Energy | 22.52 Bn | 22.93 Bn | 2.28 Bn | 2.24 Bn |
| 10 | Genie Energy | 367.31 Mn | 169.49 Mn | 29.82 Mn | 27.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.95 Mn |
| Dec 31, 2025 | 27.64 Mn |
| Sep 30, 2025 | 22.62 Mn |
| Jun 30, 2025 | 21.18 Mn |
| Mar 31, 2025 | 23.89 Mn |
| Dec 31, 2024 | 23.32 Mn |
| Sep 30, 2024 | 25.16 Mn |
| Jun 30, 2024 | 22.02 Mn |
| Mar 31, 2024 | 22.90 Mn |
| Dec 31, 2023 | 22.73 Mn |
| Sep 30, 2023 | 23.20 Mn |
| Jun 30, 2023 | 23.17 Mn |
| Mar 31, 2023 | 22.01 Mn |
| Dec 31, 2022 | 17.17 Mn |
| Sep 30, 2022 | 19.61 Mn |
| Jun 30, 2022 | 18.05 Mn |
| Mar 31, 2022 | 20.15 Mn |
| Dec 31, 2021 | 17.92 Mn |
| Sep 30, 2021 | 17.14 Mn |
| Jun 30, 2021 | 16.67 Mn |